Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,345 
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Post by Rukh O'Rorke on Dec 1, 2023 21:27:08 GMT -5
Well, today was a good day! Retirement accounts jumped more than 7K and put me over 900K.
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saveinla
Junior Associate
Joined: Dec 19, 2010 2:00:29 GMT -5
Posts: 5,299
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Post by saveinla on Dec 2, 2023 0:15:14 GMT -5
Well, today was a good day! Retirement accounts jumped more than 7K and put me over 900K.
Party at MPLs house 😀 |
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ners
Junior Associate
Joined: Dec 23, 2010 16:21:18 GMT -5
Posts: 6,657
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Post by ners on Dec 2, 2023 10:22:56 GMT -5
November 23 update
Assets
Cash 25,366.04
Retirement 181,406.46
House 80,000.00
Car 1,350.00
Stock 7,193.12
HSA 6,519.19
Total Assets 301,834.81
Liabilities
Mortgage 49,127.38
Helco 2,996.17
Total Liabilities 52,123.55
Net Worth 249,711.26
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Ombud
Junior Associate
Joined: Jan 14, 2013 23:21:04 GMT -5
Posts: 7,602
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Post by Ombud on Dec 28, 2023 19:07:30 GMT -5
Turns out that the year was pretty good! | Schwab Accts: | | % | | Dec 2022: | 839,251
| | Stocks | 879,909
| 84.03%
| | Fixed Income | 167,156
| 15.97%
| | Dec 2023 | 1,047,065
| | Annual Difference | +24.64%
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Post by minnesotapaintlady on Dec 28, 2023 21:29:02 GMT -5
Turns out that the year was pretty good! | Schwab Accts: |
| % | | Dec 2022: | 839,251
| | Stocks | 879,909
| 84.03%
| | Fixed Income | 167,156
| 15.97%
| | Dec 2023 | 1,047,065
| | Annual Difference | +24.64%
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Yay for 2 commas! |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,345
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Post by Rukh O'Rorke on Dec 29, 2023 11:45:12 GMT -5
Turns out that the year was pretty good! | Schwab Accts: |
| % | | Dec 2022: | 839,251
| | Stocks | 879,909
| 84.03%
| | Fixed Income | 167,156
| 15.97%
| | Dec 2023 | 1,047,065
| | Annual Difference | +24.64%
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Yay for 2 commas! Yes - didn't realize this was your first time crossing the second comma? Huge accomplishment, Ombud! congrats and kudos!! |
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azucena
Junior Associate
Joined: Jan 17, 2011 13:23:14 GMT -5
Posts: 5,942
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Post by azucena on Dec 29, 2023 12:06:32 GMT -5
Demographics
Azucena/DH age 44
DD15 and DD11
Midwest
Income 2023
Azucena 207,269
Azucena bonus 56,056
DH 40,000
Total Income 303,325
Assets 12/29/2023
Savings 202,780
House Value 450,000
pension 131,007
401k 712,607
Azucena Roth 6,272
DH profit sharing 11,628
DH 403b 21,631
DH rollover IRA 24,644
DH Roth IRA 16,171
Stock options 31,019
Azucena HRA 41,812
DH HRA 20,906
Asset Total 1,670,475
Debts
Mortgage 199,389
Net Worth 1,471,086
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azucena
Junior Associate
Joined: Jan 17, 2011 13:23:14 GMT -5
Posts: 5,942
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Post by azucena on Dec 29, 2023 12:14:21 GMT -5
This is a pretty picture...
Net worth
2019 570,277
2020 800,950
2021 970,555
2022 1,070,843
2023 1,471,086
This averages out to 21% annual growth.
Using 8% to be conservative
Age Year NW projection
44 2023 1,471,086
45 2024 1,588,773
46 2025 1,715,875
47 2026 1,853,145
48 2027 2,001,397
49 2028 2,161,508
50 2029 2,334,429
51 2030 2,521,183
52 2031 2,722,878
53 2032 2,940,708
54 2033 3,175,965
55 2034 3,430,042
56 2035 3,704,446
57 2036 4,000,801
58 2037 4,320,865
59 2038 4,666,535
60 2039 5,039,857
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Ombud
Junior Associate
Joined: Jan 14, 2013 23:21:04 GMT -5
Posts: 7,602
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Post by Ombud on Dec 29, 2023 13:42:26 GMT -5
Yes - didn't realize this was your first time crossing the second comma? Huge accomplishment, Ombud! congrats and kudos!! Its a long way from where I started when 1st on WIR .. from getting out of debt to actually being able to relax a little |
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tcu2003
Senior Member
Joined: Dec 31, 2010 15:24:01 GMT -5
Posts: 4,958
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Post by tcu2003 on Dec 29, 2023 16:16:46 GMT -5
I like what you did showing past year’s NW, azucena! I’m going to try to remember to do something similar when I update later this weekend.
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ners
Junior Associate
Joined: Dec 23, 2010 16:21:18 GMT -5
Posts: 6,657
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Post by ners on Dec 29, 2023 18:53:40 GMT -5
Update Assets Cash 25,432.02 Retirement 192,407.05 House 80,000.00 Car 1,250.00 Stock 7,514.49 HSA $6,619.19 Total Assets 313,222.75 Liabilities Mortgage 48,915.02 Helco 2,664.11 Total Liabilities 51,579.13 Net Worth $261,643.62 Highest Net Worth since I started tracking. |
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Post by minnesotapaintlady on Dec 29, 2023 22:00:08 GMT -5
I bonds aren't updated yet, but close enough. It ended up being a good year! 2024 is going to be a little rough on the NW with the house maintenance, paying off DS's student loans and Carrot moving to high school (higher tuition) but I'll just keep chugging along.
Mortgage - $72,321 CC debt - $2190 Total Debt $74,511Cash and Savings - $51,911 529s - $67,047 Retirement - $941,035 House - $300,000 Total Assets $1,359,889Net Worth $1,285,378
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Post by minnesotapaintlady on Dec 30, 2023 0:48:23 GMT -5
This is my by the year. 2022 was ouchy.
Jan-13 $386,666.00 Jan-14 $424,541.00 Jan-15 $477,720.00 Jan-16 $495,589.00 Jan-17 $575,198.00 Jan-18 $693,168.00 Jan-19 $705,255.00 Jan-20 $817,073.00 Jan-21 $973,511.00 Jan-22 $1,164,893.00 Jan-23 $1,068,293.00 Jan-24 $1,285,378.00 |
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azucena
Junior Associate
Joined: Jan 17, 2011 13:23:14 GMT -5
Posts: 5,942
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Post by azucena on Dec 30, 2023 11:17:30 GMT -5
This is my by the year. 2022 was ouchy.
Jan-13 $386,666.00 Jan-14 $424,541.00 Jan-15 $477,720.00 Jan-16 $495,589.00 Jan-17 $575,198.00 Jan-18 $693,168.00 Jan-19 $705,255.00 Jan-20 $817,073.00 Jan-21 $973,511.00 Jan-22 $1,164,893.00 Jan-23 $1,068,293.00 Jan-24 $1,285,378.00 MPL - I was hoping you'd post your chart. Those are some great figures to be proud of! |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,345
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Post by Rukh O'Rorke on Dec 30, 2023 14:52:29 GMT -5
Update.....
| 08.31.2023 | 09.30.2023 | 11.01.2023 | 12.01.2023 | 12.31.2023 | | 401k and rollovers | 1,528,917 | 1,434,154 | 1,319,318
| 1,490,478
| 1,548,069 | | Roth | 152,845 | 147,280 | 121,865
| 140,631
| 146,465
| | I-bonds | 34,754 | 34,899 | 35,172
| 35,291
| 35,395
| | Notes, Bills, TIPS | 6,500 | 6,000 | 5,500 | 5,000 | 4,500 | | Other: EF, ESOP, HSA | 7,445 | 6,149 | -2,080 | 5,270
| 6,815 | | Total | 1,730,961 | 1,628,482 | 1,479,775
| 1,676,670
| 1,741,244 |
Of course, as I started selling securities to put into cash the market very quickly bouces back up to nearly the ATH.......so losing a bit of growth there as some were sold for middling gains to losses..... You are all welcome  ! Still got in mostly on the upswing as am over 80% stocks. But a few of those sales giving me some heartburn and food for thought! But just a hair over where I was in August - And I think those 11k can be attributed to new contriutions! May we all have very lucrative investment returns for 2024!!!! ETA: ibond interest  |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,345
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Post by Rukh O'Rorke on Dec 30, 2023 15:09:08 GMT -5
lol - talking aout that cash I went to check if the end of month interest had been added yet, and it had! But then mutual funds posts losses after business hours and cancelled the cash interest gains, and then some more!
Just a few hundred extra, but still!
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,345
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Post by Rukh O'Rorke on Dec 30, 2023 15:10:51 GMT -5
So - all brokerages posted the interest, but not the ibonds!!
I will need to convert the paper ones I have to get the interest numbers off of them. I know you can do it somewhere but don't want to bother with all that, but by now they likely have several months of interest accruing. Think the purchase was in June of 2023.
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countrygirl2
Senior Associate
Joined: Dec 7, 2016 15:45:05 GMT -5
Posts: 17,636
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Post by countrygirl2 on Dec 30, 2023 15:41:16 GMT -5
Bonds 160
Walmart 35 only update once a year
401k 220
401k 22
CD 102
IRA 75
IRA 94
Annuit 100
Sub Tot 803
Cash 84
Total 887
House 400?
Rental 100
Mobile 5
Wa Mob 75
Sub 1,467
Vehicles
Truck 2020 20?
Car 2020 20?
Car 2018 15
Debts 0
Net Worth 1,522,000
We probably have $20k-$30k or more in old truck, backhoe, tractor, and motorhome. They are only worth what you can sell them for.
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soupandstew
Senior Member
Joined: Oct 11, 2023 17:15:12 GMT -5
Posts: 2,689
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Post by soupandstew on Dec 30, 2023 16:18:13 GMT -5
Checking and savings accounts 64,000
Jointly held brokerage accounts,
diversified but weighted
toward stocks 229,000
IRA-DH's and mine, diversified
but weighted towards stocks 344,000
House - mortgage free 275,000
Cars 40,000
No debt except CC's paid monthly
Total 952,000
I never look at this number, but thought I would this time. It appears oddly low for our lifestyle, but that reflects DH's pension which has no cash value, yet yields low six-figures annually.
I think 2024 will be a heavy expense year and we will draw down the cash to the tune of $30,000+ for sewer repairs.
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azucena
Junior Associate
Joined: Jan 17, 2011 13:23:14 GMT -5
Posts: 5,942
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Post by azucena on Dec 31, 2023 13:01:48 GMT -5
Thanks for adding your numbers CG and Soup. Interesting to see the retirement perspective.
Soup - mind me asking what type of work DH did to earn such a high pension?
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soupandstew
Senior Member
Joined: Oct 11, 2023 17:15:12 GMT -5
Posts: 2,689
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Post by soupandstew on Dec 31, 2023 14:55:05 GMT -5
Thanks for adding your numbers CG and Soup. Interesting to see the retirement perspective. Soup - mind me asking what type of work DH did to earn such a high pension? He was a registered civil and traffic engineer who served as department director or assistant director for a total of 36 years in three different cities. He headed up various functions including engineering, street maintenance, permitting, water and sewer, solid waste disposal, and traffic engineering. The pay was less than stellar, but provided access to a very solid pension system currently covering over 900 Texas cities. The system has been nationally recognized for its quality. He contributed between 5 and 7 percent of his gross salary. ETA: The irony is that we lived pretty slim during our working years, and our retirement income is greater than our salaries ever were |
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tcu2003
Senior Member
Joined: Dec 31, 2010 15:24:01 GMT -5
Posts: 4,958
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Post by tcu2003 on Jan 1, 2024 0:59:52 GMT -5
Here is my December 2023 update:
ASSETS:
Checking/Savings: $226,995
House: $512,700
Retirement: $2,088,809
Brokerage: $73,220
529s: $109,892
DEBTS:
$0
Total NW: $3,011,616
As usual, the list above excludes our cars, which are worth around $30k combined, but I leave them out because we're unlikely to sell, and need them to get to/from work, kids schools, etc. in the land of suburbia.
We're up nearly 5% this month, and DH is (for now) in the 2 comma club in his 401k. I've been chasing $3M for a couple of years now, so it is fun to see that milestone, even if it ends up being only temporary.
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tcu2003
Senior Member
Joined: Dec 31, 2010 15:24:01 GMT -5
Posts: 4,958
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Post by tcu2003 on Jan 1, 2024 1:08:41 GMT -5
Okay, here's a look at years past:
2023: $3,022,626
2022: $2,410,410
2021: $2,877,989
2020: $2,254,715
2019: $1,865,721
2018: $1,485,492
2017: $1,461,814
2016: $1,258,528
2015: $1,079,983
2014: $988,680
2013: $807,355
2012: $616,304
2011: $468,275
DH and I got married in 2010, and mid-2011 is the earliest I have data for.
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,345
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Post by Rukh O'Rorke on Jan 1, 2024 1:42:49 GMT -5
ibond interest is posted! updated my numbers  |
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countrygirl2
Senior Associate
Joined: Dec 7, 2016 15:45:05 GMT -5
Posts: 17,636
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Post by countrygirl2 on Jan 1, 2024 2:06:16 GMT -5
Hubs only has a small pension of $300 a month, I never contributed to one. You sure don't have to save as much if you have good ones. At least our son is going to, he is a GS13, step 9. So he will have SS and a pension and I believe insurance coverage too.
Folks here are really doing well and I think that is great.
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aricia
Junior Member
Joined: May 18, 2011 13:36:32 GMT -5
Posts: 170
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Post by aricia on Jan 1, 2024 10:18:07 GMT -5
1/1/2024
Assets:
House: $300,000+
Cash: $400,000
I bonds: $295,000
Brokerage: $200,000
401k/IRAs: $1,540,000
HSA: $45,000
529s: $85,000
Cars (4): $25,000
Net worth: $2,890,000
DH also hit $1M in his 401K!
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azucena
Junior Associate
Joined: Jan 17, 2011 13:23:14 GMT -5
Posts: 5,942
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Post by azucena on Jan 1, 2024 11:26:59 GMT -5
1/1/2024 Assets: House: $300,000+ Cash: $400,000 I bonds: $295,000 Brokerage: $200,000 401k/IRAs: $1,540,000 HSA: $45,000 529s: $85,000 Cars (4): $25,000 Net worth: $2,890,000 DH also hit $1M in his 401K! Wow you must have been investing in ibonds before they blew up. FTR, I included my ibond interest in my numbers since it was a known number. |
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aricia
Junior Member
Joined: May 18, 2011 13:36:32 GMT -5
Posts: 170
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Post by aricia on Jan 1, 2024 15:51:24 GMT -5
Yes, I started investing in I-bonds due to my well documented cash hoarding problem. At least I could tell myself the I bond money wasn't eroding from inflation.
Annnndddd I see that we've added another $75,000 in cash this year. New Years resolution is that all of DH's bonus and RSUs this year are going straight into the investment account. If I'm feeling brave enough, I might top that off out of savings to be able to invest an extra $10,000 a month.
Jan-24 $2,890,000
Jan-23 $2,355,000
Jan-22 $2,450,000
Jan-21 $2,050,000
Jan-20 $1,660,000
Jan-19 $1,335,000
Jan-18 $1,300,000
Jan-17 $1,110,000
(lost a file with some data)
Jun-14 $775,000
Jan-13 $640,000
Jan-12 $570,000
Jan-11 $530,000
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azucena
Junior Associate
Joined: Jan 17, 2011 13:23:14 GMT -5
Posts: 5,942
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Post by azucena on Jan 1, 2024 16:12:05 GMT -5
Alicia - mind me asking your ages and if you have any kids?
I've begun hoarding cash too and been meaning to post a thread about where to put it and next steps for wealth building.
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aricia
Junior Member
Joined: May 18, 2011 13:36:32 GMT -5
Posts: 170
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Post by aricia on Jan 1, 2024 20:23:13 GMT -5
Alicia - mind me asking your ages and if you have any kids? I've begun hoarding cash too and been meaning to post a thread about where to put it and next steps for wealth building. We are very close to you, ages 43/45, two kids, 10 and 15. Midwest, LCOL. For 2023, DH gross income $220,000. Bonus and RSUs $110,000. My income $0. Total gross income $330,000 |
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